1 week agoWorld LeaksComments Off on Tech Adoption Key To Nigeria’s $1tn Economy, Says Insurance Regulator
The Commissioner for Insurance/Chief Executive Officer of, the National Insurance Commission (NAICOM), Olusegun Omosehin, has called for a vast adoption of Artificial Intelligence to actualise the N1tn dollar economy target of the Bola Tinubu administration. Speaking at the Insurance Meets Tech (IMT) summit themed “Revitalising the Insurance Industry to Risk-Manage Nigeria’s One-Trillion-Dollar Economic Aspiration,” Omosehin …
1 week agoWorld LeaksComments Off on Official raises concern as cholera death rises in Ebonyi
The Ebonyi Government says the death toll from the cholera outbreak in Ndibokote Village in Ezza Inyimegu Community has hit 15. The Commissioner for Health, Dr Moses Ekuma, confirmed the number of deaths from the epidemic in the locality to newsmen in Abakiliki on Friday. Ekuma said that three emergency centres had been …
1 week agoWorld LeaksComments Off on 54 Outstanding Pupils Get Scholarship As CG’s Wife Visits Ogun Customs
… 50 Fallen Customs Officers’ Widows Get Palliatives Daud Olatunji Wife of Comptroller-General,and the National President of the Customs Officers’ Wives Association (COWA), Mrs. Kikelomo Adeniyi, has awarded scholarships to 54 outstanding pupils from Nigeria Customs’ schools. The COWA national president also distributed palliatives to over 50 widows of fallen customs officers. PLATFORM TIMES reports …
1 week agoWorld LeaksComments Off on Millions of Brits could soon access cheaper car insurance thanks to new ‘risk rating system’- but there’s a catch
MILLIONS of Brits could soon access cheaper car insurance thanks to a new “risk rating” system spreading across the industry.
Drivers may have to spend a little more upfront but could save hundreds every year as a result.
GettyDrivers could save hundreds on insurance thanks to a new way of calculating risk[/caption]
Thatcham, the firm which administers the system that providers use to price their policies, has rolled out an updated version of the software.
Previously the programme, then known as the Group Rating System, sorted every car model on the market into an insurance group from 1 to 50, with the former being the cheapest.
This was based on factors including the average cost of repairs, the rate of theft and the security devices that came as standard.
However, as the criteria remained largely the same for 25 years, this didn’t take into account rapid advances in motoring technology.
Now the company has unveiled its new Vehicle Risk Rating (VRR system), which is set to revolutionise the way premiums are worked out.
How to get cheap car insurance
CAR insurance is an essential cost that you hope to never use but will need to cover the costs of theft or damage to your vehicle.
It’s a legal requirement to have car insurance, and going without it could land you with a £300 fine, six penalty points on your licence and even a criminal conviction.
But there are several ways to slash your premiums.
Pay upfront
Insurers give you the choice of paying for insurance monthly or upfront.
Paying monthly spreads the cost of your cover but the insurer adds interest charges which means the average motorist pays around ten per cent more overall.
If you pay for your car insurance annually you don’t pay any interest.
A typical motorist can save up to £225 a year by paying in one go, according to comparison site MoneySuperMarket.
Increase your excess
The excess is what you agree to pay each time you need to make a claim on your policy.
You can usually choose your own excess when setting up a policy and it can be as low as £100 and as high as £500 or more.
The higher your excess, the lower your premium and vice versa.
This means you could bring the cost of your insurance down by agreeing to pay more if you do need to make a claim.
But before you hike your excess, make sure you would be able to pay in the event that you do need to make a claim.
Tweak your job
Certain jobs are seen as more risky than others for insurance purposes.
Making small but accurate changes to your job title can save you money.
For example, swapping your role from “chef” to “caterer” can save you £20, comparison site GoCompare found.
And changing your role from “fast food delivery driver” to “delivery driver” could save you £40.
But lying about your job could invalidate your policy so make sure any changes are legitimate and accurate.
Shop around
Not all comparison sites have the same range of insurers so to get the best price it’s a good idea to check two or three from Go Compare, Comparethemarket, MoneySupermarket and Confused.com.
Insurer Direct Line is also not on comparison sites so check its prices directly.
You can also get a free cash bonus by going via a cashback site such as Topcashback or Quidco.
Save the date
Renewing your car insurance sooner rather than later could save you some cash.
New cover becomes more expensive the closer you get to the renewal date.
But you can buy your car insurance up to 29 days before the policy start date and ‘lock in’ the price you’re quoted on that day.
A typical driver can save up to £265 buying new cover at least 27 days before their current policy ends, according to Go Compare.
Unlike its predecessor, VRR takes into account modern safety technology when assessing a motor’s risk factors.
Advancements in driver assistance software, such as collision alerts, lane-keeping functions and automatic braking, will be considered as cars are ranked in a new set of 99 groups.
For example, Thatcham’s testing found that rear-ending crashes decreased by up to 50% when the automatic brake kicked in.
However, there is a bit of a catch for drivers as the new ratings will not apply retrospectively.
This means that to benefit from price reductions linked to safety tech, you would have to buy a new car.
In practice, that equals a payment of at least 13,795 – the price of the UK’s cheapest new car, the Dacia Sandero.
Either that or motorists can wait until 2024 models hit the second-hand market and see a drop in price.
Nonetheless, Jonathan Hewett, chief executive of Thatcham, said: “I would expect insurers who fully adopt the new Vehicle Risk Rating model to be able to offer better value to their consumers.”
Mark Shepherd, head of insurance for the Association of British Insurers, added: “The new rating system is a great step forward to allow more detailed risk assessments of the changing automotive landscape.
“We also hope it will encourage manufacturers to consider things like security and repairability more closely when designing new cars for UK roads.”
1 week agoWorld LeaksComments Off on ‘Ring of fire’ solar eclipse to be visible next week but only in some areas – here’s when you can next see one
A RARE ‘ring of fire’ eclipse is set to be visible next week, but only in a handful of countries in the southern hemisphere.
The annular eclipse will see the moon cover up to about 93 per cent of the sun’s disk – creating the famous ‘Eye of Sauron’ display.
Handout - GettyDuring an annular solar eclipse, the moon is slightly farther away from the sun in comparison with a total solar eclipse where the solar disk is completely obscured[/caption]
GettyAn annular solar eclipse typically occurs every one or two years[/caption]
It will be visible on 2 October over parts of the Pacific Ocean, southern Chile, southern Argentina, Easter Island and Antarctica.
During an annular solar eclipse, the moon is slightly farther away from the sun in comparison with a total solar eclipse where the solar disk is completely obscured.
An annular solar eclipse typically occurs every one or two years.
While the ‘ring of fire’ will only be visible over a relatively small area of Earth, a partial solar eclipse will be visible for many others.
A partial solar eclipse is when the moon covers a smaller fraction of the sun, and the solar disk appears like a crescent.
It’s important to note that because the sun is never fully covered, observers must wear proper eye protection at all times while watching an eclipse.
A partial solar eclipse is when the moon covers a smaller fraction of the sun, and the solar disk appears like a crescentGetty Images
Next solar eclipse in UK
If you can’t hop on a plane to see the display, then don’t worry.
The next partial solar eclipse is due to take place on 29 March 2025 – so it’s not too long of a wait.
The event will be visible across Europe, with as much as 47 per cent of the sun expected to be blocked by the moon from the UK.
But if a total eclipse is what you’re after, then you will have to wait quite a while.
That isn’t scheduled to happen until 23 September 2090 – nearly 100 years after the last time it graced UK skies.
The last time the path of an eclipse’s totality went over the UK was in 1999.
Next solar eclipse in US
Skygazers in the US have enjoyed two major eclipses in the last two years.
A total solar eclipse was visible across North America on 8 April last year, less than six months after an annular eclipse on 14 October 2023.
Although not quite the wait that UK residents will endure, the next total solar eclipse visible from the US will occur on 23 August 2044.
How to watch an eclipse
You should never look directly at the sun without proper eye protection, which includes:
Eclipse glasses
Solar filters
Solar telescope
Every observer will need to wear eclipse glasses or use solar filters to safely view this event – even through cameras or binoculars.
Cameras and binoculars should only be used with solar filters during the partial phases.
You’ll need to remove the solar filters during totality if you want to capture the corona on camera.
But you must keep an eye on the time so you know when the sun is about to remerge, otherwise it could damage your camera and your eyes.
1 week agoTelevision GenreComments Off on Manchester City ‘eye-up move for £30m-rated Serie A star as Rodri replacement’ – after Spaniard was ruled out for the season with a serious knee injury
Rodri will miss the rest of the season due to a serious knee injury Manchester City are considering whether to look for a replacement in January LISTEN NOW: It all starts!available wherever you get your podcasts. New episodes every Monday and Thursday By Will Pickworth Published: 02:03 EDT, September 28, 2024 | Updated: 02:03 EDT, […]
1 week agoWorld LeaksComments Off on PCA blows out Tensas Academy 62-30 on Friday
Vicksburg Daily News -
Porter’s Chapel Academy football team came away with a 62-30 win over Tensas Academy on Friday. By halftime, the Eagles were up 38-24 before scoring 24 unanswered points. Jase Jung continues to have dominating performances as he scored five touchdowns and threw for another one. He also rushed for 285 yards off 10 carries. They […]
